Invest in a traditional IRA (tax-deferred) when I turn 35
Invest 3% in stocks, 2% in bonds ($125)
5% in real estate (including my own house) ($120)
5% elsewhere ($125)
Bills: Insurance (car, renter's) - $100
Phone: 50
Wifi: 25
Gas and Electric: 35
Water: 30
Rent: 1100
Chamber of Commerce: 40
=1380
+
Investments: $370
+
Savings: $300
-
Income: $2500
=
Discretionary, food, car: $450
Wednesday, May 29, 2013
5 and 10 year plans
5 year plan:
Own property and live on property valued at least $500K
Own an electric Vehicle
Own a small 18' sailboat
Sail, tennis, and golf twice per month
Invest $10K in securities
Have clients in 5+ countries
Fluency in Spanish, Italian, with a working Mandarin Knowledge.
Stay around 10% body fat, eat well consistently
10 year plan:
Own additional piece of property and rent for more than mortgage; invest large sums of money into it after purchase
Become a member of a private country club (dues $2000 per month, initiation $100K)
Get married to a woman with similar goals and preferences, multi-lingual
Fluency in Chinese with a working Japanese Knowledge
Join a board/committees in city government
Put mom in an assisted living community, buy dad a box of diapers (haha)
Day to day:
Sleep at least 6 hours per day
Play tennis once per week (or twice per month)
Sail once per month in the ocean
Take trips to various countries and learn languages while practicing insurance
Host fund raisers for friends and startups, invest in startups often
Maintain a Garden
Workout 2-3 x per week
Blog 2-3 x per week
Spend 8 hours per week maintaining stocks and real estate news
Keep track of the stock market 2 hours per day
Cook twice per week with quality ingredients
Maintain my client list 10-20 hours per week and meet personally with them
Own property and live on property valued at least $500K
Own an electric Vehicle
Own a small 18' sailboat
Sail, tennis, and golf twice per month
Invest $10K in securities
Have clients in 5+ countries
Fluency in Spanish, Italian, with a working Mandarin Knowledge.
Stay around 10% body fat, eat well consistently
10 year plan:
Own additional piece of property and rent for more than mortgage; invest large sums of money into it after purchase
Become a member of a private country club (dues $2000 per month, initiation $100K)
Get married to a woman with similar goals and preferences, multi-lingual
Fluency in Chinese with a working Japanese Knowledge
Join a board/committees in city government
Put mom in an assisted living community, buy dad a box of diapers (haha)
Day to day:
Sleep at least 6 hours per day
Play tennis once per week (or twice per month)
Sail once per month in the ocean
Take trips to various countries and learn languages while practicing insurance
Host fund raisers for friends and startups, invest in startups often
Maintain a Garden
Workout 2-3 x per week
Blog 2-3 x per week
Spend 8 hours per week maintaining stocks and real estate news
Keep track of the stock market 2 hours per day
Cook twice per week with quality ingredients
Maintain my client list 10-20 hours per week and meet personally with them
Subscribe to:
Posts (Atom)